(As of 10/31/2023)

Horizons Active U-Sh T Invest Grade Bond ETF (HFR)

(Canadian Short Term Fixed Income)
FundGrade A+® Rating recipient
For more information about FundGrade click here






Inception Return
(12/10/2010) 		2.36 %
YTD Return 4.91 %
NAVPS
(11/29/2023) 		$9.77
Change $0.01 / 0.12 %
Growth of $10,000 (As of October 31, 2023)
MER 0.46 %
Assets ($mil) -
Rank (1Yr) 3/280
Std Dev (3Yr) 3.16 %
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The Investment objective of the AlphaPro Floating Rate Bond ETF is to generate income that is consistent with prevailing short-term corporate bond yield while stabilizing the market value of the ETF from the effects of interest rate fluctuations. The AlphaPro Floating Rate Bond ETF invests primarily in a portfolio of Canadian debt securities and will hedge the portfolio's interest rate risk to generally maintain portfolio duration of less than two years.
Fund Manager

Horizons ETFs Management (Canada) Inc.

Portfolio Manager

Horizons ETFs Management (Canada) Inc.

Sub-Advisor

Fiera Capital Corporation

 
Asset Allocation
(As of October 31, 2023)
Sector Allocation
(As of October 31, 2023)
Geographic Allocation
(As of October 31, 2023)
Top 10 Holdings
NameAssetSectorGeographicPercent
IRS R CDOR03M P 3.235 5.02% 05-Aug-2027Domestic BondsFixed IncomeCanada3.89%
IRS R CDOR03M P 3.21 5.49% 12-Aug-2029Domestic BondsFixed IncomeCanada2.60%
Federation Csses Desjardins Qc 2.86% 26-May-2030Domestic BondsFixed IncomeCanada2.49%
Toronto-Dominion Bank 4.68% 08-Jan-2029Domestic BondsFixed IncomeCanada1.94%
Choice Properties REIT 3.56% 09-Sep-2024Domestic BondsFixed IncomeCanada1.91%
H&R REIT 3.37% 30-Jan-2024Cash and EquivalentsCash and Cash EquivalentCanada1.79%
Transcanada Pipelines Ltd 3.80% 05-Apr-2027Domestic BondsFixed IncomeCanada1.72%
Pembina Pipeline Corp 2.99% 22-Jan-2024Cash and EquivalentsCash and Cash EquivalentCanada1.63%
Bank of Nova Scotia 1.85% 02-Nov-2026Domestic BondsFixed IncomeCanada1.54%
Manulife Financial Corp 4.06% 24-Feb-2032Foreign BondsFixed IncomeUnited States1.45%

Performance Data (As of October 31, 2023)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.34 0.91 2.37 4.91 6.52 2.12 2.52 2.17
Benchmark 0.78 0.86 -0.40 1.70 2.36 -0.95 1.23 1.34
Quartile Ranking 3 1 1 1 1 1 1 1

Calendar Return (%) 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Fund -0.55 0.83 3.40 4.29 0.93 2.35 2.83 0.09 2.42 2.15
Benchmark -3.98 -0.92 5.17 2.98 1.89 0.27 0.90 2.56 3.01 1.84
Quartile Ranking 1 1 4 1 3 1 1 4 3 1

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